[ANN] [XEL] :: XEL - The Decentralized Supercomputer :: - page 21.

abaumgar

jr. member

Activity: 58

Merit: 2

Quote from: trumpman on May 31, 2018, 01:57:34 PM

Quote from: kraterion on May 31, 2018, 12:58:30 PM

Whre did you read that Elastic will have masternodes?
I don't really think that you can label XEL as a security, it's an utility asset/coin/token whatever you wanna call it, used to buy computational power

On a sidenote, this new 51% attack meme I'm sure as hell that will lead to a new wave of shitcoins with the sentence "51% attack resistant" in it, mark my words Grin

I think they mean main net not mssternode :p

Main-net has been launched long time ago and the computation part is now also available on the main-net (but still considered Beta). Maybe this answers his question or did he mean something else. Huh

trumpman

sr. member

Activity: 914

Merit: 299

Quote from: kraterion on May 31, 2018, 12:58:30 PM

Whre did you read that Elastic will have masternodes?
I don't really think that you can label XEL as a security, it's an utility asset/coin/token whatever you wanna call it, used to buy computational power

On a sidenote, this new 51% attack meme I'm sure as hell that will lead to a new wave of shitcoins with the sentence "51% attack resistant" in it, mark my words Grin

I think they mean main net not mssternode :p

kraterion

full member

Activity: 616

Merit: 145

🚀🚀 ATHERO.IO 🚀🚀

I don't really think that you can label XEL as a security, it's an utility asset/coin/token whatever you wanna call it, used to buy computational power

On a sidenote, this new 51% attack meme I'm sure as hell that will lead to a new wave of shitcoins with the sentence "51% attack resistant" in it, mark my words Grin

edit:thanks trumpman you're right, was thinking about masternodes because someone asked "what will be the amount of XEL to run the MN?"

trumpman

sr. member

Activity: 914

Merit: 299

Quote from: alphahacktivist on May 31, 2018, 08:47:05 AM

Excuse my ignorance but i have a few questions;
. And last, please dont get on binance or make mcafee endorse xel. Its one of the few real remaining projects, dont taint it.

what's so bad about binance?

alphahacktivist

full member

Activity: 235

Merit: 100

Excuse my ignorance but i have a few questions;

. Is xel a security or anything that the SEC dogs will decide to block.
. Is the mn going to be launched june or not?
. Is there any 51% attack that can be done to xel?
. Are we going to find a way to crowfund PR campaigns or something alike for xel?
. And last, please dont get on binance or make mcafee endorse xel. Its one of the few real remaining projects, dont taint it.

hadevil

newbie

Activity: 8

Merit: 0

what will be the amount of XEL to run the MN?

lda1000

sr. member

Activity: 581

Merit: 253

Quote from: RivAngE on May 29, 2018, 03:03:31 PM

Quote from: Tedscript on May 29, 2018, 10:54:04 AM

Quote from: RivAngE on May 29, 2018, 08:09:03 AM

I've searched the last pages of this huge thread but I couldn't find any reference to Gridcoin or Boinc.

This project seems very similar to the Gridcoin which I'm currently supporting with my CPU while my GPUs are mining.
Elastic seems to be built from the bottom for what it does though, while Gridcoin was just attached to another platform which was running before the blockchain technology (16 years now to be precise).
Is there any other reason that Elastic is better than BOINC? Maybe the two of them are different in many ways and I'm just missing something?

https://talk.elasticexplorer.org/t/elastic-compared-to-other-competitors/30
"The problem with this approach is the involvement of a central authority. The distribution of Gridcoins (GRC) can be tampered arbitrarily the moment an attacker gains access to the centralized service. Also, the existence of Gridcoin depends on the existence of BOINC. If the latter service dies, so does Gridcoin unless an update is rolled out which moves the Proof-of-Research mechanism to a different service.

In Elastic, we do not have such problems: we do not rely on any other third party service and neither do we depend the payout process on any kind of external (not tamper proof) factors. Instead, the measurement of the amount of computational contribution as well as the payout process is done entirely in the protocol itself."

Thanks for the info. I'm afraid of that exact issue with BOINC. However it's much easier to use than XEL is... or at least seems to be. I read the instructions today and though I understood what I had to do, it was a lot of trouble!

Did you read this?

https://github.com/xel-software/orientation

Legacy Core Client

The old legacy client should be used by all those who do not plan to get involved in either buying computational resources or by contributing their computational resources to the network. While still in experimental stage, this client is tested for quite a while now and is the safer choice:

https://github.com/xel-software/Litewallet-Mainnet

Experimental Beta Client (With Computation)

This is the new client. It allows you to interact with XEL's computation engine on the mainnet. It is less tested and may contain bugs. Please re-read the above disclaimer and never use more coins with it (or with Xeline) than you can afford to lose.

https://github.com/xel-software/Computationwallet-Mainnet

For an easier set-up, we strongly suggest that you use the Docker-based installation found here:

https://github.com/xel-software/Computationwallet-Mainnet-Docker

RivAngE

full member

Activity: 728

Merit: 169

What doesn't kill you, makes you stronger

Quote from: Tedscript on May 29, 2018, 10:54:04 AM

Quote from: RivAngE on May 29, 2018, 08:09:03 AM

I've searched the last pages of this huge thread but I couldn't find any reference to Gridcoin or Boinc.

This project seems very similar to the Gridcoin which I'm currently supporting with my CPU while my GPUs are mining.
Elastic seems to be built from the bottom for what it does though, while Gridcoin was just attached to another platform which was running before the blockchain technology (16 years now to be precise).
Is there any other reason that Elastic is better than BOINC? Maybe the two of them are different in many ways and I'm just missing something?

https://talk.elasticexplorer.org/t/elastic-compared-to-other-competitors/30
"The problem with this approach is the involvement of a central authority. The distribution of Gridcoins (GRC) can be tampered arbitrarily the moment an attacker gains access to the centralized service. Also, the existence of Gridcoin depends on the existence of BOINC. If the latter service dies, so does Gridcoin unless an update is rolled out which moves the Proof-of-Research mechanism to a different service.

In Elastic, we do not have such problems: we do not rely on any other third party service and neither do we depend the payout process on any kind of external (not tamper proof) factors. Instead, the measurement of the amount of computational contribution as well as the payout process is done entirely in the protocol itself."

Thanks for the info. I'm afraid of that exact issue with BOINC. However it's much easier to use than XEL is... or at least seems to be. I read the instructions today and though I understood what I had to do, it was a lot of trouble!

bodaa

newbie

Activity: 7

Merit: 0

I want to start an experiment and actually start mining other coins using XEL any ideas how can this be possible?

trumpman

sr. member

Activity: 914

Merit: 299

Quote from: lda1000 on May 29, 2018, 11:12:11 AM

From the https://elasticfans.slack.com/

XEL MINING DEMO - MAINNET

https://vimeo.com/272336319

Grin

can we please have an inv link for the slack ? Cheesy

Zeatorius

jr. member

Activity: 112

Merit: 2

Quote from: lda1000 on May 29, 2018, 11:12:11 AM

From the https://elasticfans.slack.com/

XEL MINING DEMO - MAINNET

https://vimeo.com/272336319

Grin

Is this a mainnet launch or am I mistaken and this is a video on the testnet?

lda1000

sr. member

Activity: 581

Merit: 253

From the https://elasticfans.slack.com/

XEL MINING DEMO - MAINNET

https://vimeo.com/272336319

Grin

Tedscript

newbie

Activity: 25

Merit: 0

Quote from: RivAngE on May 29, 2018, 08:09:03 AM

I've searched the last pages of this huge thread but I couldn't find any reference to Gridcoin or Boinc.

This project seems very similar to the Gridcoin which I'm currently supporting with my CPU while my GPUs are mining.
Elastic seems to be built from the bottom for what it does though, while Gridcoin was just attached to another platform which was running before the blockchain technology (16 years now to be precise).
Is there any other reason that Elastic is better than BOINC? Maybe the two of them are different in many ways and I'm just missing something?

https://talk.elasticexplorer.org/t/elastic-compared-to-other-competitors/30
"The problem with this approach is the involvement of a central authority. The distribution of Gridcoins (GRC) can be tampered arbitrarily the moment an attacker gains access to the centralized service. Also, the existence of Gridcoin depends on the existence of BOINC. If the latter service dies, so does Gridcoin unless an update is rolled out which moves the Proof-of-Research mechanism to a different service.

In Elastic, we do not have such problems: we do not rely on any other third party service and neither do we depend the payout process on any kind of external (not tamper proof) factors. Instead, the measurement of the amount of computational contribution as well as the payout process is done entirely in the protocol itself."

tomkat

hero member

Activity: 1022

Merit: 507

Quote from: rohitdhaka on May 29, 2018, 07:53:55 AM

how to mine this coin ?

You can try to start from xeline website, and there's also lot of information on this forum.
XEL's github is here

RivAngE

full member

Activity: 728

Merit: 169

What doesn't kill you, makes you stronger

I've searched the last pages of this huge thread but I couldn't find any reference to Gridcoin or Boinc.

This project seems very similar to the Gridcoin which I'm currently supporting with my CPU while my GPUs are mining.
Elastic seems to be built from the bottom for what it does though, while Gridcoin was just attached to another platform which was running before the blockchain technology (16 years now to be precise).
Is there any other reason that Elastic is better than BOINC? Maybe the two of them are different in many ways and I'm just missing something?

rohitdhaka

newbie

Activity: 40

Merit: 0

how to mine this coin ?

tomkat

hero member

Activity: 1022

Merit: 507

Quote from: trumpman on May 28, 2018, 11:26:04 AM

we got some nice updates today:

https://twitter.com/elastic_coin/status/1001082785501728768

https://twitter.com/elastic_coin/status/1001106200832987136

https://twitter.com/elastic_coin/status/1001065347074551808

Looks really impressive tbh, beta version on mainnet is actually a launch of working product, isn't it?

lda1000

sr. member

Activity: 581

Merit: 253

From the https://elasticfans.slack.com/

https://xel.org/

https://github.com/xel-software/white-paper/blob/master/Whitepaper_XEL_Draft_001.pdf
https://github.com/xel-software
https://github.com/xel-software/orientation

meyer

sr. member

Activity: 523

Merit: 252

how can I extract my priv key from the lightwallet?
THX

captaincomet

full member

Activity: 420

Merit: 100

Sonm and Golen are performing better recently. A lot of people have been saying even that "XEL is dead" and it was a good buy signal. Imo this is just an another example that market doesn't always care about the fundamentals (at least short to mid terms)

Topic: [ANN] [XEL] :: XEL - The Decentralized Supercomputer :: - page 21. (Read 253604 times)